No breakthrough in US-China trade talks: Trump adviser

White House economic adviser Larry Kudlow has played down reports of a breakthrough in US-China trade talks, but said progress had been made. 
"We've made some progress with China in the deputy's meeting in Beijing," Larry Kudlow, director of the National Economic Council, told Fox Business. 
But he added: "Nothing has been resolved, nothing on paper, no contracts." 
Recent news reports of a deal being imminent were not accurate, he said. 
Bloomberg had reported earlier Friday that Beijing had offered to eliminate its soaring trade surplus with the United States in five years. 
The US sent a delegation led by Deputy Trade Representative Jeffrey Gerrish to Beijing earlier this month, where they held talks with China's foreign ministry to seek ways to end their trade war. 
China's chief negotiator on trade disputes with the United States, Vice Premier Liu He, is due in Washington on January 30 and 31 for the next round talks. 
In December, President Trump and Chinese leader Xi Jinping agreed to a truce in their three-month trade war. 
Washington suspended plans to increase tariffs on Chinese goods, to give negotiators space to find a solution to the dispute, which has triggered fears of a global economic slowdown.

Kathmandu Valley needs 21,000 plus CCTV

The Kathmandu Valley needs the installation of CCTV at 21,441 locations. A recent study by the Metropolitan Traffic Office Ranipokhari showed that a total of 9,117 points in Kathmandu, 5,985 in Bhaktapur and 6,339 in Lalitpur require the fixation of advanced cameras for the security purposes, said Office chief and Deputy Inspector General of Police Shailesh Thapa. 
But it is not possible to immediately address the situation. The requirement can be fulfilled gradually. 
The report shows that hiring of additional police force in the Valley is not necessary if it is equipped with the required number of CCTVs. Presently, there are 529 CCTVs in the valley and only 460 are in operation. 
Police, in coordination with the local levels (under the community-police partnership programme), have started fixing CCTVs in the most urgent areas. The valley has 21 local levels and the police office have been already established at every level. 
Besides, the control room vehicle (CRV) has been put in place at 81 locations for the prompt response to crimes in the Valley. 
Despite the provisions of setting up 54 CRVs in Kathmandu, 11 in Bhaktapur and 16 in Lalitpur, the existing number of such vehicles in Kathmandu is less by 10, while Bhaktapur meets the recommended number and one more has to be established in Lalitpur. 
The Nepal Police has been using the CRV as part of its security system since 2063 BS. With the increase in the population, the additional number of CRV is necessary. The police security system is primarily focused on urban areas. A quota for 11,319 police officers and personnel has been allotted for the Valley, and only 9,398 posts have been occupied.

Poverty alleviation and climate change new BIMSTEC focus

 

 The foreign affairs experts and former diplomats have said one of the major focuses of the BIMSTEC could be the reduction of climate change effects. During a discussion organized at Foreign Ministry on August 22, former ambassadors and diplomats also argued that time has come to link all members of the BIMSTEC through air, land and sea routes, which, they said, was essen­tial for trade promotion.

 

Minister for Foreign Affairs Pradeep Kumar Gyawali said the major agenda of the forthcoming fourth BIMSTEC summit would be the establishment of BIMSTEC development fund for the holistic development of member states, formulation of charter, and the schemes to steer the member states towards peace, prosperity and sustainability along with the elimination of poverty.

 

According to him, Nepal, as the BIM­STEC Chair and the country hosting the event, has equally prioritized the finalization of the draft of the Kathman­du Declaration, making the organiza­tion effective and result-oriented and expanding the areas of cooperation. The 14 areas of cooperation of BIMSTEC could be cut down and concentrated on poverty alleviation, the minister added.

 

BIMSTEC was established 22 years ago and currently has Nepal, Bangladesh, Bhutan, India, Myanmar, Sri Lanka and Thailand as its members.

 

All seven member states have confirmed their participation in what will be the fourth BIMSTEC summit, according to the Ministry of Foreign Affairs. President Bidya Devi Bhandari will meet leaders of BIMSTEC mem­ber states and host a luncheon in their honor on August 30. PM Oli will host a dinner for them on the same eve­ning. On August 31, the leaders will witness the signing of the legal instru­ment of BIMSTEC and consider the draft Kathmandu Declaration